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Also reviewed: a Martinů/Harbison operatic double-bill at the Linbury theatre
...US Federal Reserve chair Jay Powell this month hinted that the central bank would move slowly. US bond yields, anticipating problems, have risen this year....
...Richard Clarida, a former vice-chair on the Fed, also resigned after he was embroiled in the scandal. He was later cleared of any wrongdoing, as was Powell himself....
...That could prove problematic if the economic data remains strong, warned Richard Clarida, who previously served as the Fed’s vice-chair and is now at bond manager Pimco....
...Powell said market expectations of a rate cut in March were not his “base case”. Powell also said there was “a way to go” before the Fed could claim victory in its battle against excessive inflation....
...A common target of Trump’s missives was a then-fresh-faced Federal Reserve chair called Jerome Powell. Trump wanted Powell to cut rates, and wasn’t shy about saying it....
...The Venice Film Festival this year features a showdown between David Fincher’s The Killer and Richard Linklater’s Hit Man — one focused on a highly skilled professional who makes a single slip and must suffer...
...Monday Samir Shah begins a four-year tenure as the chair of the BBC, taking over from acting chair Dame Elan Closs Stephens who stepped in following Richard Sharp’s resignation in April 2023 Results: Clarksons...
...The FT’s AI editor Madhumita Murgia and West Coast editor Richard Waters have more details on the potential revamp....
...“The markets feel the door is open in terms of reacting strongly to weak PMI data,” said Richard McGuire, head of rates strategy at Rabobank....
...This is known as “Stein’s law”, after the late Herbert Stein, former chair of Richard Nixon’s Council of Economic Advisers....
...He may even do so before Powell’s term expires in 2026....
...“The most important observation we’ve made is that the worst of the inflationary environment is behind us,” Home Depot’s chief financial officer Richard McPhail told analysts after the DIY retailer reported...
...Rooms at the W hotel start from £390 per night...
...Richard Grenell, the former US ambassador to Germany, may make a comeback too, while prominent senators such as Marco Rubio of Florida and Bill Hagerty in Tennessee are also contenders....
...West Coast editor Richard Waters says the Digital Markets Act is a test case for how far regulators can dictate design of products and services....
...Federal Reserve chair Jay Powell has warned against the risk of being “misled” by favourable US data on prices, saying the mission to return inflation to the central bank’s 2 per cent target had a “long...
...Richard Clarida, who previously served as the Fed’s vice-chair and is now at bond manager Pimco, said this approach reflected the central bank’s “resolve” to insure against inflation proving persistent....
...When you look at George W’s presidency, you don’t just think about W, you think about on the foreign policy side, Condi, Rumsfeld, Powell. You think about the people around them....
...Laffer, himself, is associated with such thinking, having advised Republican presidents including Richard Nixon, Ronald Reagan and Donald Trump....
...The first real test came when Richard Nixon was accused of criminal activity amid the Watergate scandal....
...Saints or sinners, newsworthy names found a welcoming home between W&N covers....
...Lucy Powell, shadow culture secretary, said: “This breach has caused untold damage to the reputation of the BBC and seriously undermined its independence as a result of the Conservatives’ sleaze and cronyism...
...The clothing company has poached Mattel’s chief operating officer Richard Dickson to be its new CEO....
...Patrick M Dransfield refers to the often-quoted misunderstanding between Zhou Enlai and Richard Nixon, when the former said that “it was too early to tell” about the influence of the student riots in Paris...
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